Wall Street Surprised by Consumer Prices Data

Vince Cignarella takes a look at the markets, including three stocks to watch today. Photo: Getty Images.

This transcript has been automatically generated and may not be 100% accurate.

... the the ... straight line I'm Simon console it's a breaking news on the markets and helpless with that we call in sick or all ... of this thank you Brian much for being here with this breaking news on ... CPI which the kid a measure of inflation ... says it was un change zero point zero bound expectation was four point one and that's good Andy Ji ah point two ... on buses have a consensus of four point one ... what what you make of this to my insulates I'm fairly in line with expectations of inflation a subdued there's ... do the work the flesh and doesn't come into ... the conversation too often but if you look globally ... is very low wage demand is very little price pressure ... and that's keeping rates of rates and prices down them across the board ... may or may not so I don't think this one data point to matter much and today begins the FOMC Federal open to ... debate the Federal Reserve's meeting on its policy decision to that nothing can worried about inflation being tool okra you don't think that a zero point zero is going to really effect ... on this one particular number know but if you look of the stream of numbers yes I think that ... is my opinion they will not taper ... in December about some of that that that is a slowdown them on vinyl money printing program for for okay so will be all costs will be having a FOMC coverage on that when they and the median do that to that big announcement tomorrow something one fifty five ... on other news we caught out that we got some General Motors Haverty slashing some plants ... um well it's actually what they're doing is in South Korea that cutting back what appears to be white colors of six thousand on production to six miles on but the in in in alot companies will be everyone and then some ... in some of the fastest if you just a few but they've also closed down production in Australia and the interesting thing is they plan to import cars and still solid truth ... aware that again from South Korea ... while ... that ... Facebook is subindex talk about this for you looking at ... Facebook ... and those that they would so the selling of video ads in their news feeds to us was to try to raise revenue ... um it's to the Onek capture between sixty six million advertising market in that space ... the interesting thing between sixty six billion dollars US the US along with all of that sum up the the the interesting dynamic between Facebook and GM actually is that ... roughly about a year ago the GM stop buying ads video ads on Facebook ... for ads on Facebook is the main thing that will be paying off ... and trust at ... the foot stock ... is falling and and this is interesting because because of Boeing is the highly cyclical ... company um I may get that what is in cute shops what are they doing well in just one huge chunk of the chunky order of the Middle East and what they're doing with some of that has been ... approved a ten billion dollars share buyback openings to the three years ... and raise the dividend roughly fifty percent of the top but two percent ... after ... the first entry ... the SEC pressed up and what that on housing at ten a m on a cloth and you'll be looking about the euro much as a singer I love that all the Muppets that's